Bitcoin, the world's largest cryptocurrency, has faced selling pressure and is currently trading at $26,748 with a market cap of $518. Trading volumes for Bitcoin and crypto have hit historic lows, leaving investors uncertain about its future. However, on-chain data from Glassnode indicates that Bitcoin's sell-side risk ratio has reached an all-time low, suggesting that investors have been hesitant to spend their Bitcoins at current prices. This implies that significant movements are on the horizon, and with trading volumes and liquidity decreasing across the crypto market, volatility is imminent. For those interested in investing in crypto presale projects for 2023, we have an updated list, as well as a list of crypto Telegram channels to keep you informed of the latest news and investment opportunities.
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